PhotoCure ASA (OSTO:PHOO)
kr 51.7 0 (0%) Market Cap: 1.43 Bil Enterprise Value: 1.16 Bil PE Ratio: 112.34 PB Ratio: 2.86 GF Score: 81/100

Q4 2022 Photocure ASA Earnings Call Transcript

Feb 23, 2023 / 01:00PM GMT
Release Date Price: kr110.4
Daniel Schneider
Photocure ASA - President & CEO

All right. Welcome, everyone. I'm Dan Schneider, President and CEO of Photocure. Welcome to our Fourth Quarter and Fiscal Year 2022 results. With me today is Erik Dahl, CFO.

Reminder, next slide, disclaimers are in effect for today's presentation. Next slide. So fourth quarter and fiscal year '22 highlights. I think the highlight for the quarter is the launch of Saphira and the fact that we had a record number of installations, took a tremendous amount of effort from the sales force in the customer servicing support and training. I believe that also drew down some of their time in the U.S. from the typical balance in selling.

Our revenue growth was 10%, but on a negative 8% unit sales. And again, I think, affected significantly by the amount of effort and energy that went into the installations, it bodes quite well for our future. As everyone knows from our past, the more installations brings on a momentum that carries ourself forward. But also the COVID and shortage -- staff shortage still are out there, and we'll get into that

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